We study some macroeconomic and fiscal effects following a hypotheticalexperiment of gradually abolishing the occupational pension system in Denmark. Specifically, we explore the sensitivity of these effects to alternative assumptions about the response of private saving to changes in mandatory saving. We also examines the implications for public finances of alternative schemes of taxation of pension savings. Finally, we study whether the maturation of the occupational pension system would backlash on retirement behaviour through a wealth effect on the retirement decision.

The seminar will be conducted in English